AW aercap
This recently published image sparked reactions because it provides essential insight. It is another way to see the pandemic’s impact on commercial aviation. It was a massive blow; a full recovery will take a long time.
We looked at our data to see what we might add to this issue.
- The duopoly accounts for over 90% of new deliveries, so we must focus on them
- 2023 deliveries were near 2011 levels
- This makes matters look worse than the AerCap chart
- The recovery has been impressive, given the supply chain disruption
- This recovery would have been even sharper if there were no Boeing hiccups
In summary, the pandemic was a huge hit. But commercial aviation takes exogenous hits with remarkable frequency. It recovers from all of them and returns to its historic growth rate. Not every instrument in the commercial aviation orchestra is back in rhythm yet, but it will come.
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